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Luxury boutique sea view development in fashionable Pipa available well under market value at pre-release, exclusively through uv10.
In a breathtaking part of Pipa's famous coastline, just 1200m from the vibrant restaurants, bars and boutiques which make Pipa the favourite high-end tourist destination in Rio Grande do Norte, you will find an oasis of calm, light and space.
Brazil Property News: Bank of Brazil posts booming profits
15th May 2008 04:15
People considering buying property in Brazil could be interested to hear that one of its major banks has posted booming profits, which might suggest the Latin American nation is in a period of affluence.
The Bank of Brazil yesterday announced a net profit of $1.3 billion (£650 million) for the first three months of 2008, showing growth of two thirds (66 per cent) from the same period last year.
It also revealed an expansion of 92.9 per cent compared to the fourth quarter of 2007.
ANBA reports that in the light of this news, the bank's shares on the national Financial System increased by 0.3 per cent and it still remains the leading credit-granting institution in the country.
Discussing the report with Bloomberg, Daniel Gorayeb, chief analyst at Sao Paulo-based brokers Spinelli, said: "Banco do Brazil has an extraordinary base of clients to work with to take advantage of the positive environment for credit.
"It's the kind of bank that might give us good surprises in coming quarters."
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
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How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
- Why Brazil is now the best place you can invest
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal, Pipa and Bahía
- The ins and outs of the buying process
- More about uv10, your dedicated Brazil specialist
- The latest and hottest properties on the market
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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